N6bn Mambilla fraud: EFCC releases ex-minister to lawyer
The Economic and Financial Crimes Commission, on Tuesday, granted an administrative bail to a former Minister of Power and Steel, Olu Agunloye, who was arrested and detained over an alleged fraud of N6bn in the Mambilla Power Project. Our correspondent gathered that Agunloye was released to his lawyer, Adeola Adedipe (SAN), at about 3:30 pm […]
Military uncovers 636 illegal refineries, intercepts 21m litres crude
The military has in the last five months uncovered and busted 636 illegal refining sites and intercepted 21.7 million litres of crude oil valued at N54bn. The figures were collated from press releases by the military on the activities of troops against oil thieves between August 3 and December 1. The PUNCH reports that President […]
Reps condemn C’River invasion by Cameroonian militants
The House of Representatives, on Wednesday, called on President Bola Tinubu to urgently deploy military forces to the Okwa community in Cross River State to protect the nation’s territorial integrity and ensure the safety of her citizens following an alleged invasion by bandits from neighbouring Cameroon. The lawmakers also urged the Ministry of Foreign Affairs […]
Kaduna bombing: FG vows to punish culprits, ACF demands GOC’s removal
The pan-northern socio-political organisation, the Arewa Consultative Forum, on Thursday, demanded the removal of the General Officer Commanding One Division of the Nigerian Army, Kaduna, Major-General V.U. Okoro, over the accidental bombing of Tudun Biri in the Igabi Local Government Area of Kaduna State on Sunday night. The ACF made the demand on Thursday as […]
NDLEA operatives injured in gunfight with Edo drug cartel
Three operatives of the National Drug Law Enforcement Agency have been injured with one shot in the head following an attack by hoodlums protecting a drugs’ den inside the Opuje forest in Edo State. In a statement on Thursday, the spokesman for the NDLEA, Femi Babafemi, said the operatives came under gunfire in the early […]
Nigeria in talks with India to procure fighter jets
Nigeria is actively engaged in negotiations with India’s Hindustan Aeronautics Limited for the procurement of Tejas fighter jets. The Chairman of Hindustan Aeronautics, C. B. Ananthakrishnan, disclosed this on Thursday, according to Bloomberg. The chairman of the military hardware manufacturer also mentioned Argentina, Egypt and the Philippines as countries they were discussing with to purchase […]
Naira falls by 17% to N951/$
The naira fell by 17.91 per cent to N951.22/$ on the official Investor and Exporter forex window on Wednesday. This was as the dollar supply fell by 4.94 per cent to $135.58m from $142.63m. Data from FMDQ Securities Exchange revealed that the naira lost N144.49 against the dollar after closing trading on Tuesday at N806.73/$. […]
FG votes N50bn for student loan
The Federal Government had voted N50bn in the 2024 budget for the implementation of its student loan scheme. This was contained in the details of the 2024 budget appropriation. Meanwhile, details of how the loan scheme, unveiled by President Bola Tinubu in June, would be implemented remains sketchy. But the President gave the assurance that […]
Demolition: Court freezes Kano accounts over N30bn judgment
The Federal High Court in Abuja has granted a garnishee order nisi, against accounts belonging to the Kano State Government in 20 commercial banks in Nigeria. Justice I.E. Ekwo granted the order in a suit filed by Incorporated Trustees of Masalachi Eid shop owners and Traders Association over demolition of their shops which they described […]
Retired police superintendent turns beggar in Niger
Standing tall at over six feet with a bulky build which gave away his years as a Two-Star Traffic Warden police officer, Sunday Ogwo Okpalle, now slightly bent, having lost the ramrod gait which accompanied his strides to ageing and perhaps lack of his regular routine as an officer of the law. When Arewa PUNCH […]